Fraud types

Chargeback Liability

The financial responsibility a business bears when a customer disputes a transaction and the payment is reversed.

Chargeback liability is the cost a business absorbs when a cardholder disputes a transaction and the funds are reversed — including the disputed amount plus fees and operational overhead.

Fraud connection

Fraudulent transactions frequently end in chargebacks, and the fully-loaded cost of each runs well above the face value once labor and fees are counted — part of the reason fraud costs roughly 4.41 times its face value (see the ROI methodology).

Managing the exposure

Detection reduces disputes; insurance can cover the identity-fraud-driven portion of the loss. Learn more on the Solution page.

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